About BankUnited (NYSE:BKU)
BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit; and treasury management services. Its loans portfolio includes small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal and non-profit loans and leases, commercial and residential mortgage warehouse lines of credit, letters of credit, and consumer loans, as well as purchases performing residential loans. The company also offers integrated on-line, mobile, and telephone banking services. As of December 31, 2017, it operated through a network of 87 branches located in 15 Florida counties; and 6 banking centers in the New York metropolitan area, as well as 89 automated teller machines. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was founded in 2009 and is headquartered in Miami Lakes, Florida.
Industry, Sector and Symbol
Industry Federal savings institutions
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:BKU
CUSIP06652K10
Phone305-569-2000
Debt
Debt-to-Equity Ratio1.58%
Current Ratio0.96%
Quick Ratio0.96%
Price-To-Earnings
Trailing P/E Ratio14.79
Forward P/E Ratio12.24
P/E Growth1.38
Sales & Book Value
Annual Sales$1.36 billion
Price / Sales3.04
Cash Flow$2.6232 per share
Price / Cash14.89
Book Value$28.32 per share
Price / Book1.38
Profitability
EPS (Most Recent Fiscal Year)$2.65
Net Income$614.27 million
Net Margins45.09%
Return on Equity10.83%
Return on Assets1.00%
Miscellaneous
Employees1,763
Outstanding Shares106,020,000
BankUnited (NYSE:BKU) Frequently Asked Questions
What is BankUnited's stock symbol?
BankUnited trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKU."
How often does BankUnited pay dividends? What is the dividend yield for BankUnited?
BankUnited announced a quarterly dividend on Monday, March 26th. Stockholders of record on Thursday, April 12th will be paid a dividend of $0.21 per share on Monday, April 30th. This represents a $0.84 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Wednesday, April 11th. View BankUnited's Dividend History.
How will BankUnited's stock buyback program work?
BankUnited declared that its board has approved a share buyback program on Wednesday, January 24th 2018, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.
How were BankUnited's earnings last quarter?
BankUnited (NYSE:BKU) issued its quarterly earnings data on Tuesday, January, 23rd. The financial services provider reported $0.86 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.62 by $0.25. The financial services provider had revenue of $285.37 million for the quarter, compared to analyst estimates of $270.33 million. BankUnited had a net margin of 45.09% and a return on equity of 10.83%. During the same quarter in the previous year, the business earned $0.59 earnings per share. View BankUnited's Earnings History.
When is BankUnited's next earnings date?
What price target have analysts set for BKU?
12 brokers have issued twelve-month target prices for BankUnited's shares. Their forecasts range from $35.00 to $50.00. On average, they anticipate BankUnited's stock price to reach $42.8182 in the next year. View Analyst Ratings for BankUnited.
Who are some of BankUnited's key competitors?
Some companies that are related to BankUnited include People's United Financial (PBCT), Umpqua (UMPQ), TFS Financial (TFSL), BofI (BOFI), ViewPoint Financial Group (LTXB), Flagstar Bank (FBC), Capitol Federal Financial (CFFN), Provident Financial Services (PFS), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Meta Financial Group (CASH), Kearny Financial (KRNY), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), First Defiance Financial (FDEF), Access National (ANCX), Wauwatosa (WSBF) and HomeTrust Bancshares (HTBI).
Who are BankUnited's key executives?
BankUnited's management team includes the folowing people:
- Mr. Rajinder P. Singh, Pres, CEO & Director (Age 47)
- Ms. Leslie N. Lunak, CFO & Chief Accounting Officer (Age 60)
- Mr. Thomas M. Cornish, Chief Operating Officer (Age 59)
- Mr. Jeffrey Starr, Sr. Exec. VP, Gen. Counsel and Gen. Counsel of Bankunited NA (Age 57)
- Ms. Susan Wright Greenfield, Sr. VP of Investor Relations and Corp. Sec.
Has BankUnited been receiving favorable news coverage?
Headlines about BKU stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BankUnited earned a news sentiment score of 0.23 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 46.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
How do I buy shares of BankUnited?
Shares of BKU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BankUnited's stock price today?
One share of BKU stock can currently be purchased for approximately $39.06.
How big of a company is BankUnited?
BankUnited has a market capitalization of $4.13 billion and generates $1.36 billion in revenue each year. The financial services provider earns $614.27 million in net income (profit) each year or $2.65 on an earnings per share basis. BankUnited employs 1,763 workers across the globe.
How can I contact BankUnited?
BankUnited's mailing address is 14817 OAK LANE, MIAMI LAKES FL, 33016. The financial services provider can be reached via phone at 305-569-2000 or via email at [email protected]
MarketBeat Community Rating for BankUnited (BKU)
MarketBeat's community ratings are surveys of what our community members think about BankUnited and other stocks. Vote "Outperform" if you believe BKU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKU will underperform the S&P 500 over the long term. You may vote once every thirty days.
BankUnited (NYSE:BKU) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
12 Wall Street analysts have issued ratings and price targets for BankUnited in the last 12 months. Their average twelve-month price target is $42.8182, suggesting that the stock has a possible upside of 9.62%. The high price target for BKU is $50.00 and the low price target for BKU is $35.00. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.42 | 2.45 | 2.64 | 2.64 |
| Ratings Breakdown: | 1 Sell Rating(s)
5 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $42.8182 | $42.60 | $42.40 | $40.8182 |
| Price Target Upside: | 9.62% upside | 7.39% upside | 4.64% upside | 17.29% upside |
BankUnited (NYSE:BKU) Consensus Price Target History
BankUnited (NYSE:BKU) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
BankUnited (NYSE:BKU) Dividend Information
BankUnited pays an annual dividend of $0.84 per share, with a dividend yield of 2.15%. BKU's next quarterly dividend payment will be made on Monday, April 30. BankUnited pays out 31.70% of its earnings out as a dividend.
| Next Dividend: | 4/30/2018 |
| Annual Dividend: | $0.84 |
| Dividend Yield: | 2.15% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 31.70% (Trailing 12 Months of Earnings)
26.33% (Based on This Year's Estimates)
25.93% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
BankUnited (NYSE:BKU) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/26/2018 | quarterly | $0.21 | 2.08% | 4/11/2018 | 4/12/2018 | 4/30/2018 |
| 12/28/2017 | quarterly | $0.21 | 2.06% | 1/11/2018 | 1/12/2018 | 1/31/2018 |
| 9/26/2017 | Quarterly | $0.21 | 2.37% | 10/13/2017 | 10/16/2017 | 10/31/2017 |
| 6/30/2017 | quarterly | $0.21 | 2.49% | 7/12/2017 | 7/14/2017 | 7/31/2017 |
| 3/31/2017 | quarterly | $0.21 | 2.25% | 4/11/2017 | 4/13/2017 | 4/28/2017 |
| 12/28/2016 | Quarterly | $0.21 | 2.24% | 1/11/2017 | 1/13/2017 | 1/31/2017 |
| 9/29/2016 | quarterly | $0.21 | 2.81% | 10/13/2016 | 10/17/2016 | 10/31/2016 |
| 6/28/2016 | quarterly | $0.21 | 2.88% | 7/13/2016 | 7/15/2016 | 7/29/2016 |
| 3/25/2016 | quarterly | $0.21 | 2.43% | 4/13/2016 | 4/15/2016 | 4/29/2016 |
| 12/30/2015 | quarterly | $0.21 | 2.31% | 1/13/2016 | 1/15/2016 | 1/29/2016 |
| 9/17/2015 | quarterly | $0.21 | 2.33% | 9/29/2015 | 10/1/2015 | 10/15/2015 |
| 6/16/2015 | quarterly | $0.21 | 2.33% | 6/29/2015 | 7/1/2015 | 7/15/2015 |
| 3/17/2015 | quarterly | $0.21 | 2.54% | 3/30/2015 | 4/1/2015 | 4/15/2015 |
| 12/17/2014 | quarterly | $0.21 | 2.97% | 12/29/2014 | 12/31/2014 | 1/15/2015 |
| 9/16/2014 | quarterly | $0.21 | 2.58% | 9/29/2014 | 10/1/2014 | 10/15/2014 |
| 6/9/2014 | quarterly | $0.21 | 2.48% | 6/27/2014 | 7/1/2014 | 7/15/2014 |
| 2/12/2014 | quarterly | $0.21 | 2.65% | 3/28/2014 | 4/1/2014 | 4/15/2014 |
| 12/23/2013 | quarterly | $0.21 | 2.55% | 1/7/2014 | 1/9/2014 | 1/23/2014 |
| 9/11/2013 | quarterly | $0.21 | 2.74% | 9/27/2013 | 10/1/2013 | 10/15/2013 |
| 6/21/2013 | quarterly | $0.21 | | | 7/5/2013 | 7/19/2013 |
| 3/14/2013 | quarterly | $0.21 | 3.38% | 3/27/2013 | 4/1/2013 | 4/15/2013 |
(Data available from 1/1/2013 forward)
BankUnited (NYSE BKU) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.30%
Institutional Ownership Percentage: 96.91%
BankUnited (NYSE BKU) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/13/2018 | Eugene F Demark | Director | Sell | 2,682 | $42.92 | $115,111.44 | 16,000 |  |
| 3/13/2018 | Jeffrey Starr | Insider | Sell | 2,805 | $42.89 | $120,306.45 | 48,104 | |
| 1/25/2018 | Douglas J Pauls | Director | Sell | 40,000 | $42.12 | $1,684,800.00 | 31,380 | |
| 11/21/2017 | Mark Bagnoli | Insider | Sell | 1,000 | $35.88 | $35,880.00 | 19,699 | |
| 8/23/2017 | John Adam Kanas | Chairman | Sell | 78,190 | $33.18 | $2,594,344.20 | 565,076 | |
| 8/4/2017 | Jeffrey Starr | Insider | Sell | 7,445 | $35.08 | $261,170.60 | 29,000 | |
| 7/25/2017 | John Adam Kanas | Chairman | Sell | 200,000 | $33.35 | $6,670,000.00 | 742,866 | |
| 7/24/2017 | John Adam Kanas | Chairman | Sell | 100,400 | $33.05 | $3,318,220.00 | 742,866 | |
| 6/26/2017 | John Adam Kanas | Chairman | Sell | 200,000 | $32.65 | $6,530,000.00 | 948,070 | |
| 5/24/2017 | John Adam Kanas | Chairman | Sell | 200,000 | $33.92 | $6,784,000.00 | 1,145,155 | |
| 5/23/2017 | John Adam Kanas | Chairman | Sell | 102,915 | $33.92 | $3,490,876.80 | 1,145,155 | |
| 3/2/2017 | Douglas J Pauls | Director | Sell | 11,200 | $40.60 | $454,720.00 | 31,380 | |
| 2/16/2017 | Joseph Roberto | Insider | Sell | 1,759 | $39.80 | $70,008.20 | 18,889 | |
| 2/14/2017 | Mark Bagnoli | Insider | Sell | 1,000 | $39.92 | $39,920.00 | 15,699 | |
| 1/30/2017 | John Adam Kanas | Chairman | Sell | 2,226,258 | $37.62 | $83,751,825.96 | 3,495,138 | |
| 12/12/2016 | Eugene F Demark | Director | Sell | 1,000 | $37.54 | $37,540.00 | 15,682 | |
| 12/12/2016 | Jeffrey Starr | Insider | Sell | 5,000 | $37.57 | $187,850.00 | 29,000 | |
| 11/8/2016 | Eugene F Demark | Director | Sell | 1,000 | $29.53 | $29,530.00 | 16,682 | |
| 9/15/2016 | Jeffrey Starr | Insider | Sell | 5,000 | $31.20 | $156,000.00 | 34,000 | |
| 7/29/2016 | Mark Bagnoli | Insider | Sell | 2,000 | $30.11 | $60,220.00 | 17,458 | |
| 3/8/2016 | Jeffrey Starr | Insider | Sell | 7,991 | $34.73 | $277,527.43 | 39,000 | |
| 2/9/2016 | Eugene F Demark | Director | Sell | 4,000 | $32.00 | $128,000.00 | 14,682 | |
| 2/3/2016 | Mark Bagnoli | Insider | Sell | 1,000 | $32.50 | $32,500.00 | 15,178 | |
| 12/11/2015 | Jeffrey Starr | Insider | Sell | 5,000 | $36.27 | $181,350.00 | 38,983 | |
| 12/7/2015 | Rajinder P. Singh | COO | Sell | 100,000 | $37.74 | $3,774,000.00 | 235,854 | |
| 12/1/2015 | Mark Bagnoli | Insider | Sell | 1,000 | $37.41 | $37,410.00 | 16,898 | |
| 11/17/2015 | Eugene F Demark | Director | Sell | 5,000 | $37.81 | $189,050.00 | 18,682 | |
| 8/14/2015 | John Adam Kanas | CEO | Sell | 4,750 | $37.26 | $176,985.00 | | |
| 8/14/2015 | Mark Bagnoli | Insider | Sell | 1,000 | $37.21 | $37,210.00 | | |
| 8/13/2015 | Lynne Wines | Director | Buy | 1,000 | $36.63 | $36,630.00 | | |
| 8/13/2015 | Rajinder P Singh | COO | Sell | 3,368 | $37.01 | $124,649.68 | | |
| 6/15/2015 | Jeffrey Starr | Insider | Sell | 1,000 | $35.60 | $35,600.00 | | |
| 6/11/2015 | Leslie Lunak | CFO | Sell | 9,000 | $35.86 | $322,740.00 | | |
| 4/29/2015 | Mark Bagnoli | Insider | Sell | 1,000 | $33.26 | $33,260.00 | | |
| 12/11/2014 | Jeffrey Starr | Insider | Sell | 5,000 | $28.29 | $141,450.00 | | |
| 3/13/2014 | Leslie Lunak | CFO | Sell | 1,101 | $33.60 | $36,993.60 | 45,899 | |
| 3/7/2014 | Wilbur Ross, Jr. | Director | Sell | 3,131,307 | $33.15 | $103,802,827.05 | 100 | |
| 2/18/2014 | Wilbur Ross, Jr. | Director | Sell | 317,007 | $31.40 | $9,954,019.80 | 100 | |
| 2/11/2014 | John Adam Kanas | CEO | Sell | 150,000 | $31.32 | $4,698,000.00 | 1,989,172 | |
| 1/31/2014 | Wilbur Ross, Jr. | Director | Sell | 2,113,378 | $31.40 | $66,360,069.20 | 100 | |
| 11/8/2013 | Wilbur Ross, Jr. | Director | Sell | 250,388 | $29.82 | $7,466,570.16 | 100 | |
| 11/1/2013 | Wilbur L Ross Jr | Director | Sell | 2,377,551 | $29.82 | $70,898,570.82 | | |
| 9/14/2012 | John Bohlsen | Insider | Sell | 61,067 | $24.74 | $1,510,797.58 | | |
| 9/14/2012 | Richard S Lefrak | Director | Sell | 134,966 | $24.85 | $3,353,905.10 | | |
| 9/6/2012 | John Bohlsen | Insider | Sell | 184,673 | $24.89 | $4,596,510.97 | | |
(Data available from 1/1/2013 forward)
BankUnited (NYSE BKU) News Headlines
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BankUnited (NYSE:BKU) SEC Filings
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BankUnited (NYSE:BKU) Income Statement, Balance Sheet and Cash Flow Statement
BankUnited (NYSE BKU) Stock Chart for Thursday, April, 19, 2018
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